Achieved a 15% reduction in operational costs and improved overall profitability for a multinational corporation's diverse real estate holdings in Europe through centralized management strategies and the adoption of digital tools.
The problem
A multinational corporation with an extensive real estate portfolio spanning office, healthcare, and logistics assets across key European markets—including Germany, France, and the Netherlands—engaged Aurora Real Estate for advisory support. The portfolio exhibited inconsistent performance due to fragmented local management practices, rising operational expenses, and challenges in adapting to regulatory changes like ESG requirements. The client aimed to consolidate oversight while maintaining flexibility in dynamic markets, without disrupting ongoing operations.
The Solution
Our team performed an in-depth portfolio audit, assessing asset performance, market benchmarks, and efficiency gaps using data analytics. We recommended a centralized management framework that standardized processes across borders, incorporating digital tools for real-time monitoring, predictive maintenance, and automated reporting—similar to approaches used by leading firms for enhanced data accuracy and decision-making. This included integrating sustainability tracking to align with EU standards, alongside training for the client's internal teams to ensure seamless implementation and ongoing adaptability.
Conlusion
Over the first year, the centralized approach led to a 15% decrease in costs through streamlined operations and better resource allocation, while profitability rose due to improved asset utilization and market responsiveness. The client appreciated the collaborative support and extended the partnership for annual reviews. This case highlights Aurora Real Estate's role in helping multinational clients achieve efficient, resilient portfolio management in Europe's varied landscapes.